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22 Nov
15:27

Ferrum pipe shipments surge 28% in September quarter

Ferrum’s pipe and profile segment reported a 28% on-year increase in sales in the third quarter to 26,500 tonnes, Kallanish learns from the Polish welded pipemaker. This was due partly to a growth in sales to the gas sector. Segment revenue rose 30% to PLN 73.16 million ($17.5m). The pipemaker foresees an imminent acceleration of construction by pipeline operator Gaz-System of the North-South gas corridor. This will require the supply of substantial p…
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